PensionDanmark Pensionsforsikringsaktieselskab Acquires 428 Shares of W.W. Grainger, Inc. $GWW

PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in shares of W.W. Grainger, Inc. (NYSE:GWW) by 7.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,130 shares of the industrial products company’s stock after acquiring an additional 428 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in W.W. Grainger were worth $8,339,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of W.W. Grainger by 46.8% during the fourth quarter. Brighton Jones LLC now owns 320 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 102 shares during the period. Empowered Funds LLC increased its stake in W.W. Grainger by 18.0% in the 1st quarter. Empowered Funds LLC now owns 2,851 shares of the industrial products company’s stock worth $2,816,000 after buying an additional 435 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in W.W. Grainger by 169.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,826 shares of the industrial products company’s stock valued at $3,980,000 after buying an additional 2,407 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in W.W. Grainger during the 2nd quarter valued at about $208,000. Finally, Sei Investments Co. boosted its position in W.W. Grainger by 35.2% in the 2nd quarter. Sei Investments Co. now owns 41,388 shares of the industrial products company’s stock valued at $43,051,000 after buying an additional 10,784 shares during the period. Institutional investors own 80.70% of the company’s stock.

Insider Buying and Selling

In other W.W. Grainger news, VP Paige K. Robbins sold 1,457 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $1,232.29, for a total transaction of $1,795,446.53. Following the completion of the sale, the vice president owned 2,232 shares in the company, valued at $2,750,471.28. This represents a 39.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jonny M. Leroy sold 854 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,231.06, for a total value of $1,051,325.24. Following the sale, the senior vice president directly owned 1,554 shares in the company, valued at $1,913,067.24. This trade represents a 35.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,624 shares of company stock valued at $3,232,291 over the last 90 days. Corporate insiders own 6.30% of the company’s stock.

W.W. Grainger Stock Down 0.4%

Shares of W.W. Grainger stock opened at $1,277.63 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.60. The stock has a market cap of $60.18 billion, a price-to-earnings ratio of 32.58, a PEG ratio of 2.33 and a beta of 1.04. The firm’s 50-day moving average is $1,342.22 and its two-hundred day moving average is $1,212.25. W.W. Grainger, Inc. has a 1 year low of $906.52 and a 1 year high of $1,419.91.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 EPS for the quarter, beating the consensus estimate of $11.30 by $0.71. W.W. Grainger had a net margin of 9.92% and a return on equity of 48.73%. The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the previous year, the business posted $9.97 EPS. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. As a group, research analysts expect that W.W. Grainger, Inc. will post 46.14 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be paid a $2.49 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger’s payout ratio is 25.40%.

Analysts Set New Price Targets

GWW has been the topic of a number of research analyst reports. Barclays dropped their target price on shares of W.W. Grainger from $1,171.00 to $1,166.00 and set an “underweight” rating on the stock in a research note on Tuesday, June 23rd. Oppenheimer lifted their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the company an “outperform” rating in a research note on Wednesday. Wolfe Research upgraded W.W. Grainger from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Stephens downgraded W.W. Grainger from an “overweight” rating to an “equal weight” rating and set a $1,355.00 price objective on the stock. in a report on Tuesday, July 14th. Finally, Wall Street Zen raised W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Sunday. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $1,271.75.

About W.W. Grainger

W.W. Grainger, Inc (NYSE: GWW) is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger’s product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.